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May 31, 2017, 06:56:08 AM |
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$20B valuation, no revenue, no mass adoption yet, current price "may" be priced in.
But.......
The hype is real, the facts are real (Ethereum Alliance)...
Many new Ethereum Based Projects (ICOs) that require Ethereum for funding (price pressure), POS coming soon, media attention,etc.
The chance of this "experiment" being the next Google of Cryptocurrency / real life usage is looking good so far (in terms of momentum) and if you're looking for a conservative 5x-20x play within several years this is the long term play to be.
IMO 100x-1000x from here seems rather unlikely though, so pick another coin if that is your fancy.
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